Thanks all, was just interested how they worked it out as take overs (which i hope doesn't happen) are often at a 30% premium to a 30 or 60 day vwap. Please correct me if i am wrong.
What i would like to see happen with exs is for the revenue stream from w.d. to continue(resource upgrade), revenue to start from the royalty areement for Great Aust, and for a deal to be completed for the E 1's. With all the acreage that exs have and with the potential from the sniffs they already have had during exploration in the last few years, all i can say is drill, drill, drill.
EXS Price at posting:
63.0¢ Sentiment: LT Buy Disclosure: Held